Fitch-rated Indian power generation companies’ (Gencos) credit profiles should be resilient to moderately weaker demand, | Photo Credit: Angel Garcia India’s power demand is expected to grow at 4-5 per cent per annum over the medium term aided by rising economic activity and higher demand for cooling with summers marked by higher number of heat … Read more
Hindustan Aeronautics Ltd has recorded a 7 per cent dip in net profit at ₹3,958 crore in the fourth quarter of FY25, as compared to ₹4,292.04 crore in Q4FY24. Revenue was at ₹13,699.87 crore in Q4, down by 7 per cent y-o-y, from ₹14,768.78 crore in the corresponding period in the last year. Published on … Read more
India’s central bank is scrutinizing some digital wallets associated with electric-vehicle players after the sudden collapse of the country’s largest all-EV taxi service left users unable to access money tied to their accounts, people familiar with the matter said. The review of payment tools used in India’s fledgling EV ecosystem is a result of troubles … Read more
U.S. President Donald Trump reacts next to Saudi Crown Prince Mohammed Bin Salman during the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. | Photo Credit: REUTERS/Brian Snyder U.S. President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power accorded … Read more
In a tit-for-tat response, Pakistan’s Foreign Office expelled an Indian diplomat from its mission in Islamabad on similar charges, asking him and his family to leave within 24 hours. India on Tuesday expelled a Pakistani official working at the Pakistan High Commission for allegedly indulging in espionage. The Ministry of External Affairs (MEA) said the … Read more
Food inflation during April was largely attributable to a decline in the inflation rates of vegetables, pulses & products, | Photo Credit: – India’s retail inflation based on Consumer Price Index (CPI) continued its downward trend, reaching 3.16 per cent in April – the lowest level since July 2019 – primarily due to a softening … Read more
Security forces personnel during an encounter with terrorists in Shopian, J&K, on Tuesday, May 13, 2025 | Photo Credit: PTI Three terrorists on Tuesday were killed in a fight with security forces in an outlying forest village in Shopian, south Kashmir. It is the first successful anti-terror operation since the Pahalgam terror attack, which left … Read more
India on Monday proposed to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on steel and aluminium in the name of safeguard measures. “The safeguard measures would affect $7.6 billion imports into the US of the relevant products originating in India, on which the duty collection would … Read more
Keir Starmer, UK prime minister | Photo Credit: JAIMI JOY Prime Minister Keir Starmer promised on Monday to cut net migration to Britain significantly over the next four years, saying greater control was needed to maintain social cohesion and drive investment in the local workforce. Controlling immigration was a key factor in Britain’s 2016 vote … Read more
The consolidated net profit of Krishna Institute of Medical Sciences (KIMS Hospital) increased 47.2 per cent at ₹106 crore in the fourth quarter ended March 31, 2025, as against ₹72 crore in the corresponding quarter of previous financial year. The total revenue of the Hyderabad-based hospital chain increased 25.7 per cent growth in the quarter … Read more